Foreign Exchange News

Bank of Englands King makes last call for more stimulus bank reform

Reuters © Governor of the Bank of England Mervyn King speaks to employees during the opening of the Prudential Regulation Authority, in central London April 2, 2013. REUTERS/Lefteris ...
Federal Reserve To Continue Bond-Buying Program

Federal Reserve policymakers say the economy is doing slightly better than it was last fall, but the Fed's $85 billion per month stimulus program will continue for the time being. Speaking at news conference in Washington, D.C., Chairman Ben Bernanke indicated the Fed might begin tapering the stimulus program later this year. The Fed repeated earlier statements that it would hold short-term ...
Housing Authority with €2 million deficit carcinogenetic particles found at SVPR dental clinic

Pensions, residential homes, social housing and disability issues dominate consultation meeting with Family Minister Marie Louise Coleiro Preca and parliamentary secretary for the elderly Franco ...
European markets mixed ahead of Federal Reserve policy announcement

European stock markets fluctuated on Wednesday moving cautiously higher, as investors remained wary ahead of the U.S. Federal Reserve’s decision, on fears it could signal a potential slowdown in the bank’s 85 billion monthly bond buying ...
Asian stocks advance ahead of this week`s Federal Reserve meeting

Asian stocks advanced with the start of the week, ahead of the U.S. Federal Reserve two-day meeting that covenes on Tuesday. Market participants will focus on this meeting as it might show the direction of the central bank stimulus ...

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Movie Review

The Dark Knight

The Dark Knight, Christopher Nolans grim, brooding, and very nearly brilliant sequel to his 2005 reboot Batman Begins, is perhaps the most scintillating and incisive film about our current state of affairs to hit the big screen since the war on terror began. While numero ... ...

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Dollar strengthens after FOMC ended its two-day monetary meeting

The green Benjamin gained further strength after that Federal Open Market Committee (FOMC) ended its two-day monetary policy meeting and agreed to keep its benchmark interest rate unchanged at a record low between 0.0% and 0.25%, while the FOMCs statements had not seen any ...
The Federal Reserve maintains monetary stance interest rate rise after 2014

The Federal Open Market Committee (FOMC) ended its two-day monetary policy meeting on Wednesday and agreed to keep its benchmark interest rate unchanged at a record low between 0.0% and 0.25%, while the FOMCs statements had not seen any ...
Fed holds the line on US interest rates but may cut back on bonds

Enlarge US Federal Reserve Chairman Ben Bernanke told reporters on Wednesday that the agency may start to ease up on monthly bond purchases if the economy keeps getting better (it's getting better?). Yes, albeit slowly, according to Bernanke, who expressed cautious optimism on the state of the economy as he briefed reporters following a two-day meeting of the Federal Open Market ...
Federal Reserve suggests its closer to slowing bond purchases

Federal Reserve sketched a brighter economic outlook on Wednesday and signaled it's moving closer to slowing its bond-buying program, which is intended to keep ...
Wall Street collapses as Bernanke signals exit strategy

FXstreet.com (San Francisco) - The US stocks market has closed significantly lower on Wednesday as indexes reacted to the downside following the Ben Bernanke post interest rate decision. Ben Bernanke commented that the fed is ready to cut bond buying program and even leave the door opened to do it as soon as this year. The Dow Jones collapsed 206.04 points or 1.35% to end the day at 15,112.19. ...

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They said it

Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.

Hassan Rouhani

Iran's president-elect was speaking after his historic election victory.

Hotel Review

Hilton Waikoloa Village Resort

Tropical gardens, salt water lagoons, exotic wildlife, two championship golf courses, a full service health spa, eight tennis courts, racquetball, ...

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News Survey

Should tax havens be forced to lift their shroud of secrecy?

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Featured Story

Pope implores people not to waste food

The Argentine born Pope Francis has blasted a so called waste culture.

Since taking office in March, Pope Francis has said he wants the 1.2-billion-strong Roman Catholic Church to practise greater austerity and work toward reform in global financial markets.

Around 1.3 billion tons of food, or one third of what is produced for human consumption, gets lost or wasted every year, according to a United Nations food survey.

The majority of waste is by consumers in the industrialised world.

The pope, in his weekly audience, said: "Our grandparents used to make a point of not throwing away leftover food. Consumerism has made us accustomed to wasting food daily and we are unable to see its real value. Throwing away food is like stealing from the table of those who are poor and hungry".

Instead of throwing away food, a U.N.-backed study has suggested that simple measures such as better storage and reducing over-sized portions would sharply reduce the vast amount of food going to waste.

In US restaurants, diners waste 9% of bought meals.